In think if you do your taxes for 2019 before this goes into effect they will use your most recent account.
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Link to the final text
Imagine being the one to format and edit that in word over the last few days.
Would it be blocking it if they added one amendment, passed it, and sent it back for a final vote? I still think payment moratoriums would be the biggest thing to make sure small businesses can start right back up where they left off. And banks can afford it. "Can't be evicted for 60 days" isn't going to do shit when they open back up and have an extra $5,000 tacked on to June's rent.
(Disclaimer: I am not giving financial or tax advice)
For some people's situation their 2018 filing may make them eligible to receive the stimulus check, but their 2019 filing may not. From my understanding, if you have not completed your 2019 filing your 2018 filing will be used to determine your eligibility.
If this is true, then people who expect to show more income for 2019 may not want to complete it until they receive any stimulus funds.
basically had the same thought skimming through that monstrosity lol.
I know a million questions have been asked, but my wife has a part-time job that might shut down (tourism based). Even if they don't, she's told them she's only available on weekends because she has to be home to watch the kids.
She'll qualify for unemployment, right? I have a good job, but we depend a lot on her income.
She'll qualify for unemployment, right? I have a good job, but we depend a lot on her income.
Since I haven't filed 2019 and our 2018 was less than $150,000 my household will be getting $2900, I guess? Jointly filed + 1 kid?
Glad I held off on filing 2019 since we owe.
Glad I held off on filing 2019 since we owe.
Yea I filed early and looks like I'm missing out on $2900. Live and learn
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Sure sounds like it, eligibility is expanded to include a host of people who dont qualify right now including a primary caregiver who has to stay home to take care of their kids cause the schools are closed, someone who has to quit their job as a direct result of covid, and someone whos employer has closed due to covid.
Reading now. I really wish this didn't have 5 mile margins.
I can both criticize the for-profit nature of healthcare while agreeing that hospitals need additional funding during this pandemic.
Bernie just made those republicans who are opposed to the $600 UBI bonus a fucking clown show. on the live senate hearings for this bill.
They're right now talking about an amendment for the unemployment benefit aka that $600. But they will vote tonight. If you want to listen to a shitshow here you go.
Yeah, it's really annoying how these are written with the amendments and corrections, along with the original text, all smushed together.
I truly feel dumb trying to read this lol
SSI, disability, social security recipients are eligible for the stimulus.
For gig workers, should they sign Un for unemployment now to wait a day or two for this bill to take effect or something?
Same here. This is based on AGI and not taxable income correct?
Seems that it's a tax credit so it's doesn't impact your AGI. Thank god.
best part of the shit show mind you is if you rewind it, and find bernie (about 10 or so minutes ago) more or less making them look like fucking assholes.
Seriously. Bernie was fucking fantastic. I enjoyed him calling them out on their hypocritical bullshit.
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Wouldn't you just get denied if you apply now since current law doesn't grant gig worker UI? This needs to pass for it to become law and states will likely need to update their sites/applications to account for people applying through the expanded eligibility.
Am I crazy in that that doesn't seem unreasonable to cap unemployment at maximum actual income? The main thing against it is the time it'll take to evaluate all that, which prevents money from going to people's pockets.
There is a situation where if you're laid off, and somehow miraculously businesses open up, it pays more to stay home (still look for jobs unless you're crazy, but delay your start date if possible until right to the end of this increase). Now that's super unlikely given how long I expect businesses to stay closed and I don't think there will be any problems getting people back to work once hiring starts. I'm just saying conceptually it doesn't sound crazy to me.
Great moment, but this clip starts a little too late. The opening leading up to this really sets it up and gives it the punch.
This might be a stupid and/or previously-answered question, but if I haven't filed my taxes for last year yet, is it better to wait until this stimulus bill is passed? Or should I file ASAP to qualify for the check? Or doesn't it matter as long as I file before July 15th? Just want to make sure I'm not screwed out of this somehow because I could really use the money right now...
I could be reading that final bill wrong, but from what I gather if you already receive the max amount in UI you wont get any more....which is BS
Does the employee retention say anything about minimum hours? My job put me on furlough and told me to go on unemployment, and they'll let me know when to come back, but I don't know if that's considered retained or what. They still pay their part of my insurance and I have to pay the rest, but I'm worried the math will work out better for them if they just bring me back but cut me down to part time or worse.
Were you below the threshold in 2018 but over in 2019? You'll get more if you haven't filed yet.
Everyone with the virus should be allowed to sneeze directly into this fucker's face.
fucker doesnt realize nurses should be paid that much AT THE MINIMUM, and be paid alot right now.
You would just have to file taxes for 2019 to get the check?
Lindsey Graham doesn't give two shits about nurses. Anyone who acts like unemployment is like vacation in this country is full of shit.
And if he is so concerned, maybe he should support labor unions and increasing the minimum wage.
Lindsey really giving Trump and Mitch McConnell some competition for biggest asshole in America.
Brilliant. But expected. I'm sure GOP members will find more things wrong with the bill before this is all done. The game of chicken continues.